The worldwide mobile payment revenue in 2015 was 450 billion U.S. dollars and is expected to surpass 1 trillion U.S. dollars in 2019.
Mobile makes up 21% of online spending – comScore (2017)
Data outlined in comScore’s M-Commerce Report is from Q4, 2016, so super recent. And from a marketing perspective, the data is even more relevant, as this includes holiday purchasing.
Of the $109.3 billion spent online in Q4, $22.7 billion (21%) was on mobile. This is up from a mere 4% in 2010. So going from that to now 21%, it’s safe to say that at some point in the near future, mobile will surpass desktop in e-commerce purchases.
- Mobile sites lead to mobile purchases.
- If your site isn't optimized for mobile, shoppers will go elsewhere.
- A bad mobile experience can damage a company's brand.
Our PayPaq online and mobile payment application developers are security experts coding to the PCI/PA-DSS and security best business practises to assure confidence and trust in the transactional process from start to finish.
If you are interested in finding out how we can help you create a secure mobile optimized environment for your business or non profit organization call us toll free in North America at 1.800.811.7811 or click on our contact form.